VANCOUVER, March 13 /CNW/ - CONSOLIDATED GOLD WIN VENTURES INC. (CGW TSX-V) is in negotiations with SNOWFIELD DEVELOPMENT CORP. (SNO TSX-V) to acquire a 49.5% interest in their interest on the Mud Lake Diamondiferous Kimberlite to continue drill testing and a mini-bulk sample, 2006 exploration program on the Mud Lake kimberlite discovery in the Drybones Bay, Great Slave Lake, kimberlite camp. The Mud Lake Kimberlite, in tests conducted earlier this year by Snowfield, indicated that this kimberlite body, the third discovered to date in the Drybones Bay area and approximately 3 kilometres southeast of New Shoshoni's two diamondiferous kimberlite pipe discoveries, had diamonds. The caustic fusion sampling was completed on remnant and widely "scattered" drill core kimberlite samples from the previous drilling Snowfield had completed, suggesting a more direct sample obtained by drilling and bulk sampling could reveal more information on the kimberlite's potential. Laurence Stephenson, P. Eng., a Qualified Person under National Instrument 43-101, has approved the contents of this News Release. Souhail 'Abby' Abi-Farrage, President and Director Consolidated Gold Win Ventures Inc. Vancouver, BC Email: moreinfo(at)v-cgw.com The TSX Venture Exchange has neither approved nor disapproved of the information contained herein. The statements that are not historical facts are forward-looking statements involving known and unknown risk factors and uncertainties which may cause actual results to vary considerably from these statements. The risks and uncertainties include those described in the Company's periodic filings on SEDAR.